Consumer

Analysis by James Mawson, founder, Global Corporate Venturing and co-author of Transformative Innovation (with Christine Gulbranson)

Bernstein Management and JBG Smith helped accommodation provider Placemakr raise $90m while crypto custodian Hex Trust netted $88m in a round co-led by Animoca Brands.

Existing backer Zomato is set to purchase grocery delivery service Blinkit in a deal which will also give SoftBank Vision Fund and Bennett Coleman & Co exits.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

MUFG Innovation Partners contributed to mobility financier Moove's $105m series A2 round while MS&AD and Nationwide helped insurance software developer Socotra raise $50m.

More than 20 corporate backers are due to score exits through an offering that could value the online consumer services portal at nearly $29bn.

The corporate divested about 10% of its shares in the NYSE-listed online marketplace having already sold almost $1.7bn in shares six months ago.

The quick grocery delivery service formerly known as Grofers has completed the first tranche of a $400m round having received funding from returning investor Zomato.

GV returned for a multimillion dollar round raised by the clinical data software provider, which is part of a space of much interest to corporate investors.

Lunar expanded its series D round to $307m while RefleXion Medical raised $80m and Silent Eight raked in $40m.

SATT Aquitaine has signed up INRAE and its tech transfer arm for a five-year agreement to help commercialise its research.